What are the underlying funds for Endowus Cash Smart?

Cash Smart portfolios are composed of cash, money market and short duration bond funds, which are investment funds that hold high quality and low volatility institutional fixed deposits and fixed income instruments. There are no lock-ups for these funds. 

Cash Smart Core is composed of 2 funds:

50% Fullerton SGD Cash Fund - Class A (ISIN: SG9999005961)

Fund Type: Cash Fund

Fund Manager: Fullerton 

Description: The Fund aims to provide investors with liquidity and a return that is comparable to that of the Singapore Dollar Banks Savings Deposits Rate by investing in institutional bank deposits at the highest prevailing rates.

Fund Rationale | Prospectus | PHS/KIID

50% Lion Global SGD Enhanced Liquidity Fund (ISIN: SG9999019301)

Fund Type: Money Market Fund

Fund Manager: Lion Global Investors

Description: The Fund aims to preserve capital, enhance income and provide a high level of liquidity by investing in a broadly diversified portfolio of high quality debt instruments.

Fund Rationale | Prospectus | PHS/KIID

 

Cash Smart Enhanced is composed of 2 funds:

50% Lion Global SGD Enhanced Liquidity Fund (ISIN: SG9999019301) - as above

50% United SGD Fund (ISIN: SG9999001382)

Fund Type: Short Duration Bond Fund

Fund Manager: UOB Asset Management

Description: The Fund seeks to achieve a yield enhancement over Singapore Dollar deposits by investing substantially all its assets in money market and short term interest bearing debt instruments and bank deposits.

Fund Rationale | Prospectus | PHS/KIID

 

Cash Smart Ultra is composed of 5 funds: 

27.5% LionGlobal SGD Enhanced Liquidity Fund (SG9999019301) - as above

25.0% Fullerton Short Term interest Rate Fund (SG9999006225)

Fund Type: Short Duration Bond Fund

Fund Manager: Fullerton

Description: The Fund aims to achieve medium-term capital appreciation. The investments of the Fund will be broadly diversified with no specific industry or sectoral emphasis.

Fund Rationale | Prospectus | PHS/KIID

25.0% LionGlobal Short Duration Fund (SG9999016000)

Fund Type: Short Duration Bond Fund

Fund Manager: Lion Global Investors

Description: The Fund aims to provide total return of capital growth and income over the medium to long term through an actively managed portfolio of Singapore and international bonds, high-quality interest rate securities, and other related securities. There is no target industry or sector.

Fund Rationale | Prospectus | PHS/KIID

12.5% Nikko Shenton Income Fund (SG9999004345)

Fund Type:  Short Duration Bond Fund 

Fund Manager: Nikko Asset Management

Description: The Fund aims to provide regular income distributions while seeking to achieve returns in excess of 4% per annum over the medium to long term.

Fund Rationale | Prospectus | PHS/KIID

10.0% PIMCO Low Duration Income Fund (IE00BMY4TJ39)

Fund Type: Short Duration Bond Fund 

Fund Manager: PIMCO

Description: The Fund seeks to achieve attractive income by actively managing and tapping into multiple areas of the global bond market, while maintaining relatively low interest rate exposure with a secondary goal of capital appreciation.

Fund Rationale | Prospectus | PHS/KIID